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“How an incineration tax changes waste management practices among firms”. De Weerdt L, De Jaeger S, Compernolle T, Van Passel S, Resources Conservation And Recycling 180, 106172 (2022). http://doi.org/10.1016/j.resconrec.2022.106172
Abstract: Sustainable management of industrial plastic waste is crucial in the transition to a circular economy. Today, most industrial plastic waste is incinerated, whereas it could be recycled. As a consequence, governments increasingly make use of incineration taxes to improve current waste management practices. This paper presents an econometric panel analysis that studies the effects of an incineration tax on industrial plastic waste in Flanders (Belgium). Not only is this study the first econometric analysis on industrial plastic waste management in which firm heterogeneity is explicitly taken into account by including firm-specific characteristics, but this study also provides policymakers with insights into the effectiveness of an incineration tax to change current waste management practices. Empirical estimates imply that heterogeneous firms generate industrial plastic waste in different ways and that heterogeneous firms reduce their waste generation in different ways after the incineration tax rate increases. The estimates also show that the unique decrease of the incineration tax in 2007, did not change waste management practices. These estimates show that firms do not disinvest or indicate that loss aversion theory, i.e. a preference for avoiding losses over acquiring equivalent gains, might apply to firms that are faced with environmental taxation in a waste management context.
Keywords: A1 Journal Article; Engineering Management (ENM) ;
Impact Factor: 13.2
DOI: 10.1016/j.resconrec.2022.106172
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“The effect of waste incineration taxation on industrial plastic waste generation: A panel analysis”. De Weerdt L, Sasao T, Compernolle T, Van Passel S, De Jaeger S, Resources Conservation And Recycling 157, 104717 (2020). http://doi.org/10.1016/j.resconrec.2020.104717
Abstract: Waste treatment taxation is a popular policy instrument in many European countries and regions. Its impact on household waste has extensively been researched. However, only little research exists which looks into the impact of waste treatment taxation on industrial waste generation. Nevertheless, industrial waste constitutes more than ninety percent of waste generated in the European Union. This study assesses the impact of an incineration tax on the generation of industrial plastic waste in Flanders, Belgium. We conduct different types of econometrical panel analyzes and provide statistical evidence that firms show lagged behavior, which means that the previous year’s waste generation partly determines the current year’s. The dynamic panel estimations show robust results, indicating that a growth of incineration taxes exert significant negative effects on the growth of industrial plastic waste generation. This result offers no argument to iteratively raise incineration taxes. We conclude that incineration taxation is meaningful if tax rates are set according to the prevailing market conditions, i.e. taking into account the marginal costs of alternatives for incineration. In the short run, the effectiveness of taxation will quickly diminish due to the rapidly rising marginal costs of waste reduction. In the long run, extra recycling capacity is needed to recycle the minimized waste fraction. The role of taxation in the long run is to maintain an equilibrium in which recycling is preferred by the market.
Keywords: A1 Journal Article; Engineering Management (ENM) ;
Impact Factor: 13.2
DOI: 10.1016/j.resconrec.2020.104717
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“Towards a more direct policy feedback in circular economy monitoring via a societal needs perspective”. Alaerts L, Van Acker K, Rousseau S, De Jaeger S, Moraga G, Dewulf J, De Meester S, Van Passel S, Compernolle T, Bachus K, Vrancken K, Eyckmans J, Resources, conservation and recycling 149, 363 (2019). http://doi.org/10.1016/J.RESCONREC.2019.06.004
Abstract: The increasing focus on circular economy at the level of governments and policy requires the development of appropriate indicators to effectively monitor the progress towards the circular economy. Currently two very different types of indicator areas are under development: (i) monitoring frameworks based on macro indicators that summarize the progress at (supra)national level, and (ii) micro indicators tailored towards assessing circularity at the level of products. It is not possible to obtain sufficiently direct feedback about the impact of policy interventions by either macro or micro indicators alone. In this paper, a conceptual approach is developed that aims to bridge the gap between the micro and macro level with meso level indicators, and thus ultimately deliver more direct feedback for policymakers, via the insertion of an extra level of meso indicators in between the macro and the micro level. These indicators have been extracted from a dedicated workshop that involved policy, sector and societal stakeholders. The aim of these indicators is to report on progress towards circular economy objectives based on the fulfillment of societal needs. In this way the consumption perspective is given a central position, and the role of circular business models is acknowledged. Following the development of the concept, the next steps towards tailored, flexible and agile monitoring frameworks for circular economy at (supra)national and regional level are outlined. The paper concludes with an illustrative example of the framework applied to the mobility system.
Keywords: A1 Journal article; Economics; Engineering Management (ENM); Sustainable Energy, Air and Water Technology (DuEL)
Impact Factor: 3.313
Times cited: 1
DOI: 10.1016/J.RESCONREC.2019.06.004
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